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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: majormember who wrote (13716)9/1/1998 8:54:00 AM
From: Jenna  Read Replies (1) of 120523
 
Might enter FDC for possible swing trade. I mentioned this a few times in my watch list. This is a fine company with lots of institutional interest. It was really cut down to size.

Any rally in this sector will probably not be a sustained rally ..but I do like ELNK, MSPG, LCOS and AOL. I will hope to pick up some YHOO puts if YHOO moves up. It is important that the stocks that were beaten down show a rally. Then it looks like they are buying for more than a pop.

If your looking at the beaten down stocks, you chance of a sustained rally is probably a bit better. I'm looking at a chance to get a profit today and that's it. I'm waiting for Mid-September/October for the serious swing/position trading. It inevitably will come.
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